ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Education for the Species

Respectable scientific opinion holds that the human species is on the verge of untimely extinction. According to Noam Chomsky, the so-called "least advanced" people are the ones taking the lead in trying to protect all of us from extinction. Informed by their ancient knowledge systems, indigenous populations across the world are resisting the plunder of the planet. However, indigenous knowledge systems are in radical conflict not only with global capitalism but with modern education itself, thus raising the issue of radical choice. The issue goes much beyond the classical domain of the pedagogy of the oppressed.

Effect of Environmental Regulation on a Firm's Performance

Using a policy experiment that involved the imposition of a technical regulation by the Ministry of Environment and Forests on the Indian leather and textile industries in 1997, firm-level data set is used to study trade, adaptation, innovation and survival effects and how they vary by firm size. The study finds that (i) regulation led to significant gains from trade through the use of improved raw materials and technological change, especially for the big firms, (ii) use of high-quality raw materials and productivity levels significantly account for the exit decision of a firm, and (iii) regulation significantly affects the exit probabilities of all firms across size distribution.
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